Multinational buainess

Reference: 538814

Level: Undergraduate

Words: 1475

Short excerpt:

John Dunning was the person behind developing the framework, which has helped in integrating various stratum of integration. A suggested set of interrelated and general principle of three has been given in order to get the grip of production in international sphere. The given three principles have been taken from various theoretical approaches hence John Dunning labeled his approach as eclectic. It was Dunning who in the year 1980 which was given in Dickens in the year 1992 that any company would like to get itself engaged in the production arena internationally if the following three conditions are present. (Dicken p.109)1. Every company possesses few specific advantages which if not in possession by any competing companies belonging from other nationalities where the advantage should be